Blumhouse achieves a major box office milestone in 2024 flanked by Speak No Evil’s 43 million dollars success
Blumhouse has recently cleared a major hurdle at the box office in 2024, thanks to the ongoing success of Speak No Evil. Speak No Evil, a reimagination of the 2022 Danish film of the same name, is helmed by James Watkin. The story centers around a family’s chilling weekend getaway with another family. The film features performances by James McAvoy, Mackenzie Davis, Scoot McNairy, and Aisling Franciosi, and was premiered amidst mostly favorable reviews in mid-September.
A new report from Collider unveils that Speak No Evil has globally amassed 43 million dollars, of which 22 million are domestic earnings and 21 million are foreign takings. This grossing not only rendered the film, which was made on a 15 million dollar budget, profitable, but it also implies that Blumhouse, under CEO Jason Blum, managed to cross the 150 million dollars mark in global box office earnings in 2024. Whilst not all Blumhouse’s 2024 productions excelled standalone, combined, they clearly constituted a stellar year.
What Speak No Evil’s success means for Blumhouse
The reviews for Speak No Evil have mostly been favorable, resulting in a Rotten Tomatoes score of 83%, while audience score tops it with 85%. Although not all 2024 Blumhouse films scored as well as this one, most turned out financial triumphs.
The year kicked off for the company with Night Swim, which earned 54 million dollars with a 15 million budget, notwithstanding the overwhelmingly negative reviews. Imaginary also didn’t fare well with the critics but still cashed in 43 million dollars against a 13 million dollar budget. The August release of Afraid highlighted Blumhouse’s only significant blow of the year, as the film earned 11.5 million dollars against a budget of 12 million.
The company continues to shine due to its exclusive focus on the horror genre and penchant for smaller budgets. Unlike a 150 million dollars blockbuster, a Blumhouse horror flick like Speak No Evil only needs to muster between 30 to 37 million dollars to secure profitability. Given that horror audiences are fairly consistent in their movie theatre attendance, achieving these figures consistently is feasible. The company seems to have cracked a formula that works, which will likely continue to yield dividends.